Join Upromise Today

Earn cash back reward on things you do every day with Upromise. Your Upromise account can link to any 529 plan to help you save more money. Join now for free.

Kentucky's Affordable Prepaid Tuition (KAPT)

Kentucky's Affordable Prepaid Tuition (KAPT) is no longer available

Click here to see other Kentucky 529 plans.

Kentucky's Affordable Prepaid Tuition (KAPT) plan was closed to new enrollments in 2004. Participants could choose one of three KAPT packages: Value, Standard, or Premium. The first two are designed to lock in tuition at Kentucky public institutions, while the Premium plan is geared toward private college tuition rates. Kentucky also offers the Kentucky Education Savings Plan Trust, a direct-sold 529 savings plan.

Fee Score

N/A

Performance

N/A
  • Program type
    Prepaid contract
  • Enrollment period
    Most recent enrollment ended December 13, 2004. The program is currently closed to new enrollment.
  • Inception
    2001
  • State agency
    Kentucky Higher Education Assistance Authority
  • Tax deduction

Ratings & Rankings

Our overall rating for KY residents

Not Open

This program is not open to you either because it has residency requirements or because it has stopped accepting new enrollments.

Our overall rating for non-residents

Not Open

This program is not open to you either because it has residency requirements or because it has stopped accepting new enrollments.

SAVING FOR COLLEGE’S 5-Cap Ratings provides an evaluation and comparison of 529 plans, utilizing a formula that examines dozens of factors grouped into the following categories.

Eligibility

State residency requirements:

Who can be a participant/owner in the program?

Significant time or age restrictions imposed by the program:

Contributions

Minimum contributions:

Contractual Features

Contract prices:

Available tuition packages:

Benefits for beneficiary attending private or out-of-state institution:

Contract payment options:

Are program benefits backed by the full faith and credit of the state?

Are program benefits collateralized or guaranteed in any other way?

See the best 529 plans, personalized for you

A good place to start

GET STARTED

Fees & Expenses

Enrollment or application fee:

Taxes and other Benefits

  • Tax deduction for single filers
    None
  • Tax deduction for joint filers
    None

Note

Kentucky doesn't offer tax deductions

Program match on contributions:

State tax deduction or credit for contributions:

State tax treatment of qualified distributions:

State tax treatment of rollovers:

Does the sponsoring state exclude the value of an account for state financial aid purposes?

Does participation in the program provide beneficiaries with any advantages in qualifying for resident tuition status at state institutions?

Is there a rewards program or outside scholarship program that works with this program?

Upromise Helps Families Save for College

Statutory protection of an account from creditors:

Distributions & Terminations

To whom are distributions made payable:

Account Changes

Policy regarding participant/owner changes:

Contact

Website:

Telephone:

A good place to start:
A good place to start:
See the best 529 plans, personalized for you
See the best 529 plans, personalized for you
Get Started